My account is in the red
AnsweredI have just sold an e bike and now I need to credit my TM account with about $500 to bring it back to a positive balance. I don't want to do this until the buyer has deposited the money into my bank account. Does TM send me an invoice for the outstanding amount or do I get a certain number of days to pay before TM starts charging interest? I would appreciate any help. Thanks,
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Gary-NZStocked Community Superuser
Carole, TM don't send you an invoice, but they will send you email reminders to top up your account before you can list anything more unless you turn on Auto billing, in which case they take the money directly from your bank acc each Thursday to bring your acc back to zero. If you list sporadically, then wait till the buyer pays you, which should be within 7 days unless something outside the norm has been arranged prior. If you need to list other things you will need to credit your account first, and if the buyer renegs you would then need to apply for a success fee refund.
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Thanks for your reply, Gary. Much appreciated.
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